ESPN has gained WWE’s premium live events , but it is losing a lot of real fights.

On Monday, Paramount announced a new seven-year rights deal with UFC (and WWE) parent TKO, making Paramount+ the new streaming home to UFC events in the U.S. — including the MMA giant’s 13 numbered pay-per-views (on top of its 30 “Fight Nights”). Some of the numbered events — formerly pay-per-views — will be simulcast on CBS. The PPV model is going away.

The new agreement begins in 2026 and will carry an “average annual value” of $1.1 billion, per Paramount. It’s backend-weighted, however.

“I couldn’t be more excited to join forces with Dana, Ari, and Mark. Rarely do opportunities arise to partner on an exclusive basis with a global sports powerhouse like UFC – an organization with extraordinary glob

See Full Page